Fund Accountant

Real Estate Fund Accountant

An established, well capitalised European property developer and asset manager is seeking a qualified Fund Accountant to join its London-based finance team.

This is a broad, hands-on role providing end-to-end accounting and financial support across a portfolio of real estate development and asset management mandates. Working closely with colleagues in Finance, Development and Asset Management, you will take responsibility for management and statutory reporting, property accounting, compliance and the financial administration of a range of companies and investment structures.

The position would suit a qualified accountant with strong financial reporting experience and a good understanding of property accounting, fund structures, property operations and investment activity.

Key responsibilities

Property and fund accounting

Prepare NAV and investor reporting, and support valuations

Support cash-flow management in coordination with the financial planning and analysis team.

Provide financial support for property acquisitions, disposals and due diligence exercises.

Review and post financial reports received from external property managers.

Oversee external fund administrators in maintaining accurate tenancy schedules, rent deposit records and service charge reconciliations.

Financial and statutory reporting

Prepare periodic management accounts and management information for multiple companies and structures.

Produce annual statutory financial statements using accounts preparation software.

Coordinate and manage the external audit process.

Prepare consolidated lender reporting, bank covenant reports and confirmations.

Complete balance sheet reconciliations and ensure intercompany balances are fully reconciled.

Review VAT and Construction Industry Scheme compliance across the portfolio.

Prepare and submit VAT and CIS returns, supporting new registrations where required.

About you

Qualified accountant, holding an ACA, ACCA, CIMA or equivalent qualification.

Previous experience of real estate investment structures such as REITs, asset holding companies, limited partnerships and general partner structures.

Experience preparing statutory accounts and a strong technical understanding of FRS 102 and UK statutory reporting requirements.

Experience of Oracle NetSuite, Sage 50 or a similar accounting system would be advantageous

Strong Excel skills.

The ability to manage multiple priorities and meet internal and external deadlines.